Hunt Sabs Ireland

Main Menu

  • Home
  • Foreign Equites
  • Unsecured loans
  • International Commerce
  • BP-Curve
  • Finance Debt

Hunt Sabs Ireland

Header Banner

Hunt Sabs Ireland

  • Home
  • Foreign Equites
  • Unsecured loans
  • International Commerce
  • BP-Curve
  • Finance Debt
Foreign Equites
Home›Foreign Equites›Foreign investors take over Canadian debt: StatsCan

Foreign investors take over Canadian debt: StatsCan

By Irene Hawkins
October 18, 2021
24
0


In particular, investors added $ 12.6 billion in government bonds in August and $ 13.1 billion in corporate debt.

They also bought $ 3.3 billion of Canadian stocks during the month, canceling more than the $ 1.2 billion of stocks they sold in July.

According to a report by National Bank Financial Inc., in July and August, foreign investors invested $ 38.3 billion in Canadian debt securities, which could be a mistake.

“The hindsight, as they say, is 20-20. But at first glance, some of these foreign investors may have bet on the wrong horse, ”he said, as expectations for rate hikes in Canada rose, causing Canadian bonds to underperform by against US Treasuries since the summer.

At the same time, foreign investment in Canadian stocks has been relatively modest, just as Canadian stocks have outperformed US markets.

“Some foreign investors may blame themselves for not gaining more exposure to Canadian equities, as the S&P TSX recently outperformed the S&P 500,” NBF said, noting that the S&P TSX Composite Index had risen by about 1 , 8% since the end of August, while the S&P 500 Composite was down 1.0%.

“This is a trend that we expect to continue, based on the outperformance of Canadian equities during past periods of high inflation,” he said.

Statistics Canada noted that Canadian investors also resumed their purchases of foreign securities in August, adding $ 15.2 billion in the month, after selling for $ 4.7 billion in July.

“Investment activity in August was almost equally attributable to foreign bonds and foreign stocks,” Statistics Canada reported.

Canadian investors again added $ 9.4 billion of US stocks to their holdings in August, mostly large-cap tech stocks, while continuing to sell non-US foreign stocks. Canadian investors sold other foreign stocks for $ 1.4 billion in August, after a $ 1.6 billion divestment in July.

Besides US stocks, Canadian investors also added $ 7.1 billion in foreign debt securities in August. In the past seven months, investors have added $ 33.6 billion in foreign debt, StatsCan said.

Overall, international transactions in securities generated a net inflow of $ 11.1 billion into the Canadian economy in August, following a net inflow of $ 18.7 billion in July.


Related posts:

  1. Foreign stocks: how Indians can invest in US stocks
  2. Buy These 3 Northern Mutual Funds For Spectacular Returns
  3. Grab These 3 Tech Mutual Funds For Brilliant Returns
  4. How to get Millennials to start investing
Tagsforeign stocks

Categories

  • BP-Curve
  • Finance Debt
  • Foreign Equites
  • International Commerce
  • Unsecured loans

Recent Posts

  • Virginians win $489 million in payday loan settlement – ​​Daily Press
  • GBP strongest and JPY weakest as NA traders enter for the day
  • Comparison between USCB Financial (USCB) and the competition
  • Weekly Investor Roundup: Li Ka-shing’s Horizons Ventures to Open Family Office in Singapore; AustralianSuper plans increased PE allowance | Asset owners
  • U.S. Chamber of Commerce welcomes Prime Minister Prayut, demonstrates strong ties to Thailand
  • TERMS AND CONDITIONS
  • PRIVACY AND POLICY